180
180
Feb 21, 2013
02/13
by
CNBC
tv
eye 180
favorite 0
quote 0
let us show that we can do it. but i still think initially so many people were tying the -- what they saw was a disconnect between valuations and fundamentals. they were tying that, well, you've got to fed. well, you've got the fed. if you do take that away, there are some people that would think that this is sort of up on -- like on an air pocket, at least short-term. >> i agree, joe. i think the worst thing the fed has done by overstaying their massive crisis like easing policy is they've created this perception that this thing is just a sugar high. and it's totally dependent on the federal reserve drip. it's not. i disagree that the economy is worse now than it was six months ago. we just came off a quarter where we created 200,000 jobs a month. we've had a can i say consistent drop in the unemployment rate. house sg clearly at new highs for the recovery. confident is at a five-year high. the household net worth is restored. the burdens are down -- >> jim, all of that may be true, but the question is, the drip i
let us show that we can do it. but i still think initially so many people were tying the -- what they saw was a disconnect between valuations and fundamentals. they were tying that, well, you've got to fed. well, you've got the fed. if you do take that away, there are some people that would think that this is sort of up on -- like on an air pocket, at least short-term. >> i agree, joe. i think the worst thing the fed has done by overstaying their massive crisis like easing policy is...
195
195
Feb 7, 2013
02/13
by
CNBC
tv
eye 195
favorite 0
quote 0
oliver joins us now. he's head of global financial services group at carlisle. >> good morning to you. >> so, you're buying up banks when nobody was touching banks for a long time. what got to you? >> well, neither of these two things are banks. >> that's true. but financial services was sort of a dangerous place to play. >> to play. and with that comes a lot of opportunity and we think we've seized a couple interesting ones in tcw. >> would you play europe right now? >> europe is going to be full of opportunities. structural changes that are taking place there clearly for folks like us is land of opportunity. but with that will also come some issues. you've got a banking system that needs to dramatically delever. we estimate about 30 trillion dollars of assets needs to move off the books of those banks. and as that happens there will be opportunities for investors. >> opportunity is a great word, right? but it's very broad and encompasses a lot of things. narrow it down for us in terms of there could be
oliver joins us now. he's head of global financial services group at carlisle. >> good morning to you. >> so, you're buying up banks when nobody was touching banks for a long time. what got to you? >> well, neither of these two things are banks. >> that's true. but financial services was sort of a dangerous place to play. >> to play. and with that comes a lot of opportunity and we think we've seized a couple interesting ones in tcw. >> would you play europe...
222
222
Feb 11, 2013
02/13
by
CNBC
tv
eye 222
favorite 0
quote 0
follow us on twitt twitter @squawkcnbc. like us on facebook. visit our show page squawk.cnbc.com. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ today is gonna be an sometimportant day for us.? you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! strategies, chains, positions. we put 'em all on
follow us on twitt twitter @squawkcnbc. like us on facebook. visit our show page squawk.cnbc.com. [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ today is gonna be an sometimportant day for us.?...
273
273
Feb 20, 2013
02/13
by
CNBC
tv
eye 273
favorite 0
quote 0
follow us on twitter at "squawk" cnbc. like us on facebook. visit our show page, "squawk box."cnb box."cnbc.com. ♪ ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready for real business. >>> welcome back, everybody. take a look. futures indicated slower. dow futures down about 6 1/2 points and s&p 500 down 1 1/2 points. the deal is official. office depot is buying officemax in an all stock deal and each company will ha
follow us on twitter at "squawk" cnbc. like us on facebook. visit our show page, "squawk box."cnb box."cnbc.com. ♪ ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. transit fares! as in the 37 billion transit fares we...
316
316
Feb 19, 2013
02/13
by
CNBC
tv
eye 316
favorite 0
quote 0
follow us on twitter. @squawkcnbc. you can like us on facebook. you really like us. and visit our show page, squawk.cnbc.com. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. >>> secretive chinese military unit is believed to be behind a series of hacking attacks, according to a report by u.s. computer security company. the company believes the chinese unit carried out sustained attacks on a wide range of industries, and the comments are prompting a strong denial by china, and accusations that it, in fact, was the victim of u.s. hacking. nonny, nonny, nonny. i don't know what that is in chinese. but it's -- you think -- you immediately
follow us on twitter. @squawkcnbc. you can like us on facebook. you really like us. and visit our show page, squawk.cnbc.com. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping...
240
240
Feb 5, 2013
02/13
by
CNBC
tv
eye 240
favorite 0
quote 0
i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children shoul
i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked....
260
260
Feb 13, 2013
02/13
by
CNBC
tv
eye 260
favorite 0
quote 0
. >> he used turbo tax. that was the problem. >> is that what secretary geithner -- >> yeah, it was -- >> is that evasion? >> he didn't pay part of the taxes. >> he didn't pay it. then he paid it later. >> sounds like a mistake if it was related to turbo text. something got lost in the computer. >> do you want someone running the irs -- >> not like he set up his own private partnership in the cayman islands. he happened to invest in partnerships when he was at citi, and they happened to be based there. >> in romney's case he set them up down there? >> no, he didn't. i was not making -- i never made the cayman islands argument to you ever. >> oh! about romney? >> i never did. go back and check the tapes. never. >> i don't think he ever did. >> i think -- >> i don't think he did. >> in general, just the whole perception. now al gore's got more money, a lot more money than romney, as you know. you think that's in the cayman islands? >> he's not filthy rich. no, that's somewhere safe, the lea -- the middle east.
. >> he used turbo tax. that was the problem. >> is that what secretary geithner -- >> yeah, it was -- >> is that evasion? >> he didn't pay part of the taxes. >> he didn't pay it. then he paid it later. >> sounds like a mistake if it was related to turbo text. something got lost in the computer. >> do you want someone running the irs -- >> not like he set up his own private partnership in the cayman islands. he happened to invest in...
230
230
Feb 15, 2013
02/13
by
CNBC
tv
eye 230
favorite 0
quote 0
i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. sglo . >>> welcome back, everybody. heading into today, the markets are about flat for the week. and it is that time of the quarter where we get to 13fs. these are filings by major investors releasing stock purchases and sales. the battle for apple is among the most interesting stories. david einhorn bought apple call options and upped his investments. in the meantime, dan loew sold his entire stake in apple. you see these guys lining up on opposite sides. einhorn took a stock in google. morgan stanley and news corp. among the other filings to talk about, carl icahn. he was mum on whether or not he was taking a stake when he was fighting it out with ackman. but we now know that carl ic
i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. sglo . >>> welcome back, everybody. heading into today, the markets are about flat for the week. and it is that time of the quarter where...
170
170
Feb 28, 2013
02/13
by
CNBC
tv
eye 170
favorite 0
quote 0
then come back and use the tax loopholes and use the carries interest, use that in the big grand bargain dodd a simpson-bowles. he doesn't give anything, john. >> they both agreed to cut. there is no talk about a deficit reduction replacing the cuts with the deficit reduction package or introducing a new element to it. >> no, no, you're wrong about that. the administration said from the moment they struck that deal in the summer of 2011 that their intention was, a, for it not to go into effect. that was also republicans' attention. but the administration always said the president ran around the country for a year xaping for re-election saying he wanted revenue. and when he struck the revenue deal in late december/january 1st with republicans, he said at that time i tell was not enough revenue and he wanted more revenue. this is not a surprise from somebody. the strategic point from the white house is do they make a mistake by accepting so little with so little revenue that they didn't achieve their goals and now they're coming back to get -- >> so the sequester can't created, it would be
then come back and use the tax loopholes and use the carries interest, use that in the big grand bargain dodd a simpson-bowles. he doesn't give anything, john. >> they both agreed to cut. there is no talk about a deficit reduction replacing the cuts with the deficit reduction package or introducing a new element to it. >> no, no, you're wrong about that. the administration said from the moment they struck that deal in the summer of 2011 that their intention was, a, for it not to go...
178
178
Feb 27, 2013
02/13
by
CNBC
tv
eye 178
favorite 0
quote 0
who crushed us -- >> i've made plans. >> what who crushed us on their floor. we'll see whether we can take them on. >> 6:30 sudden. we can't do anything saturday night. yeah. >> john, one quick takeaway. if you topper project out a year for now, say we go after the sequester cliff and nothing happens in the next month, who do you think ultimately gets blamed? >> look, when you're the president of the united states, if things go bad, that's going to have an effect on you. but when you narrow it down and realize that we don't have a presidential election next year, we have a congressional election, republicans are on the short side of this. their image is very bad nationally. when you ask people, groups of americans do you have a favorable image of the republican party, republicans have a net negative image with every group in the country except for white southerners. they -- they're very much behind the eight ball. but that doesn't mean that democrats would win the house. as joe indicated, you've got a republican majority. and -- the democratic minority most of
who crushed us -- >> i've made plans. >> what who crushed us on their floor. we'll see whether we can take them on. >> 6:30 sudden. we can't do anything saturday night. yeah. >> john, one quick takeaway. if you topper project out a year for now, say we go after the sequester cliff and nothing happens in the next month, who do you think ultimately gets blamed? >> look, when you're the president of the united states, if things go bad, that's going to have an effect...
320
320
Feb 1, 2013
02/13
by
CNBC
tv
eye 320
favorite 0
quote 0
i'd use it if it was there. i would go with the use it or lose it. thanks, alan. >> we're going to come back to miles nadal. anyway, it's good to see you. tell us about the super bowl ads that you actually have run this weekend? >> i don't even know because they don't even tell me and they don't tell us sflp. >> you're so high -- >> no, no. it's discreet. some of them don't announce publicly what they're going to do until the day of kind of thing. we have usually about a dozen spots. so we have about just under 20% of the ads. >> how much money is in it for you? >> oh, goodness. well, we're usually on retainer. so it's part of our overall program and we don't mark up production. but it's -- what's most important, the profile that it gives you to do iconic ads that produce results and that leads to new business activity, which has been for us record. >> do you do media buying, as well? >> we do. we do about $3.5 million worth of media buying. >> do you get a percentage for what the buy is? >> yes. >> where we do buy super bowl spots, that part is very
i'd use it if it was there. i would go with the use it or lose it. thanks, alan. >> we're going to come back to miles nadal. anyway, it's good to see you. tell us about the super bowl ads that you actually have run this weekend? >> i don't even know because they don't even tell me and they don't tell us sflp. >> you're so high -- >> no, no. it's discreet. some of them don't announce publicly what they're going to do until the day of kind of thing. we have usually about a...
170
170
Feb 26, 2013
02/13
by
CNBC
tv
eye 170
favorite 0
quote 0
joining us now, paul schatz. chris corso continues with us. paul, do we need to pay attention to what the chairman says today? i could probably write it right here about the see zequester an about qe and interest rates, right? >> joe, i think you did a good job. let's go home for the day. see you tomorrow. >> that's what i mean. >> there's no question bernanke is not going to -- we're not going to surprise the markets. if you go back in the last five years, they have quantitative ease, then disavowed it. then they've quantitatively eased and disavowed it. they pull in the reigns quickly. this is scripted. this is not something new. you may have more hawks on the fed now than four and five years ago. this is a coordinated effort within the fed so we don't have economic conditions cranked up. he's a maestro, actually. >> where are you on the sequester, paul? >> i think most of these government things are predicted in advance. i think if we sell off in a see zester, i think it's a buy on the news. if we rally, which i don't think we will, you can
joining us now, paul schatz. chris corso continues with us. paul, do we need to pay attention to what the chairman says today? i could probably write it right here about the see zequester an about qe and interest rates, right? >> joe, i think you did a good job. let's go home for the day. see you tomorrow. >> that's what i mean. >> there's no question bernanke is not going to -- we're not going to surprise the markets. if you go back in the last five years, they have...
202
202
Feb 6, 2013
02/13
by
CNBC
tv
eye 202
favorite 0
quote 0
at the moment the feds are all over on us about libor. that's for any us dollar? yes. don't think any one cares about the jpy libor. >> i will walk over. >> they were in the same area, one of the problems with this b rbs circumstance, for a long time, the traders, the people supposed to give the information to the libor submitters, they were sitting in in the same area. they would walk over to them. what we did in the ubs and barklclay's kiscases we assurede are firewalls between these. >> who's getting fired? bob diamond lost his job. is the ceo of ubs going to lose the job? the new fellow, anthony jenkins at barclays actually said some pretty astounding things. i hope others take note. anthony jenkins apt barkley said we sacrificed short term profits for our overall values and reputation. even the new head of investment banking at ubs has said some similar things, how they were too arrogant and self-convinced. it's that sort of message i hope everyone takes on. >> who's the victim here? >> everybody in the market. when somebody has a false rate, everybody pays the pr
at the moment the feds are all over on us about libor. that's for any us dollar? yes. don't think any one cares about the jpy libor. >> i will walk over. >> they were in the same area, one of the problems with this b rbs circumstance, for a long time, the traders, the people supposed to give the information to the libor submitters, they were sitting in in the same area. they would walk over to them. what we did in the ubs and barklclay's kiscases we assurede are firewalls between...
181
181
Feb 4, 2013
02/13
by
CNBC
tv
eye 181
favorite 0
quote 0
with us. we'll talk about the key events this week that could make or break the story for the bulls, continue this debate that we're having right now. before we get to that, though, attention, parents, kids and happy meal lovers everywhere. get this. mcdonald's says that it is offering its first new happy meal andre in a decade. fish mcbites. >> i would i would like those. >> i think i would, too. they would be widely available this week through march to coincide with lent. so it's perfect. on fridays, get a happy meal. we'll be right back. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> wel
with us. we'll talk about the key events this week that could make or break the story for the bulls, continue this debate that we're having right now. before we get to that, though, attention, parents, kids and happy meal lovers everywhere. get this. mcdonald's says that it is offering its first new happy meal andre in a decade. fish mcbites. >> i would i would like those. >> i think i would, too. they would be widely available this week through march to coincide with lent. so it's...
143
143
Feb 22, 2013
02/13
by
CNBC
tv
eye 143
favorite 0
quote 0
since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> good morning. welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin. making headlines this morning, president obama is holding a white house open day-to-day hack-a-thon. >> oh. >> it's about hacking. >> duh. >> i thought it was about filling the entire places with hacks. >> i knew that's where you were going. >> that's what i thaw it was, a swear. >> come on, mr. brand new iphone. >> yeah. the administration is inviting developers and tech experts to come and share ideas. i thought it was just axelrod and a couple of the -- you know, i'm sorry. i apologize for that. hack-a-thon res common in the tech industry, complete
since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. >>> good morning. welcome back to "squawk box" here on cnbc. i'm...
289
289
Feb 14, 2013
02/13
by
CNBC
tv
eye 289
favorite 0
quote 0
i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as well. jackie, tell me why somebody should bring they're car here to the ford dealership for service instead of any one of those other places out there. they are going to take care of my car because this is where it came from. price is right no problem, they make you feel like you're a family. get a synthetic blend oil change, tire rotation and much more, $29.95 after $10.00 rebate. if you take care of your car your car will take care of you. how do traders using technical analysis
i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in....
214
214
Feb 25, 2013
02/13
by
CNBC
tv
eye 214
favorite 0
quote 0
do you use a kindle or a nook? >> i use an ipad. >> hmm. >> hold on. but with reading a book, software? >> i read books on i-ipad. >> with the kindle software or nook software? >> kindle software. >> wrong answer. >> i've got to be honest. >> thank you. >> we appreciate that. >> i appreciate that. >> finally. >> finally or me or finally for the show? >> thank you, roger. >> coming up, what investors should be expecting this week. volatility has been the name of the game as of late. find out if it's here to stay. that's coming up next. check out shares of zynga. quite amazing. they're rallying in premarket trading this morning. at the end of last week, this is actually big news we haven't focused on yet, nevada's governor signed legislation legalizing online gambling within the state. winn resorts reportedly had talks with zynga about online offerings of gambling. shares were up sharply on friday and appear to be adding to it today. >>> on "squawk box" tomorrow, the intersection of the consumer and the housing market. home depot set to report quarterly
do you use a kindle or a nook? >> i use an ipad. >> hmm. >> hold on. but with reading a book, software? >> i read books on i-ipad. >> with the kindle software or nook software? >> kindle software. >> wrong answer. >> i've got to be honest. >> thank you. >> we appreciate that. >> i appreciate that. >> finally. >> finally or me or finally for the show? >> thank you, roger. >> coming up, what investors should...
202
202
Feb 8, 2013
02/13
by
CNBC
tv
eye 202
favorite 0
quote 0
she'll be joining us. but before we get to all of that let's get back to andrew and steve at cnbc headquarters. >> thank you, becky. i'm looking forward to that interview with carol. i think she's probably got a lot of interesting views about what's going on in the valley and specifically yahoo! there's so much going on. >> she always has an interesting way of putting things, too. weigh can't wait to hear more about it. >> that's a very interesting way of putting it. we will get the seven-second delay button going. our guest host this morning is one of the world's best-known bulls. jeremy siegel is here sitting in becky quick's chair. >> yes, i am. >> how you doing? >> i'm doing great. >> i think i want to be in pebble beach today. >> we all want to be in pebble beach today. the last time you were here you said 15,000 on the dow was definite. this was not -- there was no equivocating here. >> well, almost. 70% that the end of this year -- i made the prediction, january, actually, 2012. so that's when i sai
she'll be joining us. but before we get to all of that let's get back to andrew and steve at cnbc headquarters. >> thank you, becky. i'm looking forward to that interview with carol. i think she's probably got a lot of interesting views about what's going on in the valley and specifically yahoo! there's so much going on. >> she always has an interesting way of putting things, too. weigh can't wait to hear more about it. >> that's a very interesting way of putting it. we will...
357
357
Feb 12, 2013
02/13
by
CNBC
tv
eye 357
favorite 0
quote 0
love is going to give us stocks. meantime democrats' expectations for president obama's big speech, house minority whip steny hoyer is going to join us in just a few minutes. tomorrow on "squawk" our guest host the always outspoken sam zell. we'll ask him about real estate investing and tonight's state of the union. you do not want to miss that at all. >> we've got a delay for that. >> loves andrew. >>> coming up we're going to get you ready for tonight's state of the union. congressman steny hoyer will join us to talk about what democratic leadership expects to hear in the president's speech. >>> and tracing madoff's money. an exclusive interview with bankruptcy trustee irving piccard and his attorney on their effort to pay back madoff's investors. stick around. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can
love is going to give us stocks. meantime democrats' expectations for president obama's big speech, house minority whip steny hoyer is going to join us in just a few minutes. tomorrow on "squawk" our guest host the always outspoken sam zell. we'll ask him about real estate investing and tonight's state of the union. you do not want to miss that at all. >> we've got a delay for that. >> loves andrew. >>> coming up we're going to get you ready for tonight's state of...